Business rates advice in Reigate and Redhill
Reigate and Banstead had one of the sharpest industrial revaluations in Surrey: the borough's industrial rateable value rose 35.6% between the 2023 and 2026 lists, against 8.2% for retail and 9.8% for offices. If you occupy a unit at Holmethorpe, Salfords or Perrywood, the new assessment deserves a proper look before you settle into paying it.
Or email the bill to [email protected]. The free initial view normally comes back within five working days.
- MRICS CharteredOliver Hamblin runs every case personally.
- RICS-regulatedFirm regulation #897221.
- 12 years at Altus (now Ryan)Four of them as a business rates Director.
- Check, Challenge, AppealHandled end to end, on the 2026 list.
- £500k PI coverUnderwritten by Hiscox.
What we see on Reigate and Redhill assessments
The borough has two quite different town centres. Redhill is the larger retail and office market, with the Belfry shopping centre and Station Road at its core, a station-side office quarter that has seen refurbishment and residential conversion, and a long-running regeneration that keeps moving where the prime pitch sits. Reigate is a smaller, higher-quality centre: period and listed buildings along the High Street and Bell Street, with professional offices in converted houses where the assessment often treats a split-level Georgian building like a modern floor plate. Industrial property is where the money is. Holmethorpe Industrial Estate at Redhill, the Salfords estates along the A23, and Perrywood Business Park are mixed in age and specification, and the 2026 scheme was set from the newest, best-specified evidence. Banstead, Horley and the Gatwick fringe are different markets again, with Horley's assessments pulled by the airport's hotel and logistics demand. Reigate and Banstead Borough Council bills the whole borough.
Your bill comes from Reigate and Banstead Borough Council. The council collects the money and runs the reliefs; the rateable value itself comes from the Valuation Office, and only the Valuation Office can change it.
Holmethorpe, Salfords and Perrywood
A 35.6% industrial rise across the borough. Older units assessed on the tone of modern stock are the most common overvaluation we see here, and the one with the clearest evidence.
How we value industrial property →Redhill town centre
The Belfry, Station Road and the secondary streets. Regeneration has moved the pitch, and units on the fringe of it are often assessed as if they were in it.
How we value retail and leisure →Reigate's period offices
Converted houses on the High Street and around the town centre: split levels, poor floor plates and restricted access are proper adjustments that are rarely applied.
How we value offices →The 2026 revaluation in Reigate and Banstead
Total rateable value up 16.9%: industrial +35.6%, retail +8.2%, offices +9.8%. A unit whose rise is well above the sector figure is the one to check.
Checking your Reigate and Redhill assessment
Every Reigate and Redhill assessment was revalued from 1 April 2026, based on rental values at 1 April 2024. The 2026 list is now the only one open to a Check or Challenge.
- 01Check
- 02Challenge
- 03Appeal
What a rating review covers
- Review of the current assessment and Valuation Office record
- Site inspection and measurement to the RICS Code of Measuring Practice
- Comparison against settled assessments on the same estate, parade or street
- Rental evidence analysed back to the 1 April 2024 valuation date
- Advice on which multiplier applies and on transitional arrangements
- Written view on the merits before anything is submitted
- Check, Challenge and Appeal handled end to end
- Reliefs, exemptions and empty rates reviewed alongside
If the assessment looks right, we will say so. An honest no costs you nothing and saves you a year of correspondence.
Chartered Surveyor. Twelve years in business rates at Altus Group (now Ryan), four of them as a Director, and more than fifteen years of rating work across the South of England and London. RICS-regulated firm no. 897221.
"Very grateful to Oliver for his advice with a stressful business rates dispute involving my father. His guidance helped us achieve an excellent outcome. Highly recommended."
Business rates around Reigate and Redhill
How different property is valued
Recommended by people who work in commercial property
Commercial agents and fit-out specialists see a great many rating assessments, and they are careful about who they put their clients in front of.
Award-winning commercial property agents and chartered surveyors, with offices in Guildford, Horsham and Dorking
Owen Isherwood act for landlords and occupiers on commercial property across Surrey, Hampshire and Sussex - offices, retail, industrial, warehousing, investment and development land. They refer their clients to us for business rates advice, and we work alongside them on rating assessments for property they let, manage and sell.
Visit Owen Isherwood
B Corp certified workplace design, consultancy and fit-out specialists, working across London and the UK
Area design and deliver office fit-outs - Cat A for landlords and developers, Cat B for occupiers - along with workplace consultancy, asset refurbishment and specialist laboratory space. Fitting out a shell does not usually change what is payable - a tenant would be expected to fit out the space, so it stays rateable - but major refurbishment and alteration can, both while the works are under way and once they are finished. We work alongside Area's clients on the rating side of their projects.
Visit Area
Chartered surveyors and commercial property agents based in Guildford
Gascoignes advise landlords and occupiers on commercial property across Surrey - lettings, sales, acquisitions and property management. They refer their clients to us for business rates advice, and we work alongside them on rating assessments for property they let and manage.
Visit GascoignesCommon questions
- Why did industrial rateable values rise so much in Reigate and Banstead?
- The 2026 list is valued on rents at 1 April 2024, and industrial rents along the A23 and M25 corridor rose sharply between the 2021 and 2024 valuation dates. The Valuation Office set the estate schemes from that evidence, mostly on modern units. The question for any individual unit is whether it would let for the figure the scheme implies, and for older stock the answer is often no. How we value industrial property →
- Does Reigate and Banstead Borough Council set my rateable value?
- No. The council bills you and administers reliefs; the Valuation Office sets the rateable value. A valuation dispute goes through Check and Challenge, not the council.
- Do you cover Horley and Banstead as well?
- Yes. The borough runs from Banstead and Tadworth in the north to Horley and the Gatwick fringe in the south, and we act across all of it. Horley's hotel, logistics and office assessments are shaped by the airport and have their own evidence base.
- Our Redhill office is being refurbished. Do we still pay?
- Space waiting for a tenant's fit-out is normally still rateable. Where the works are extensive enough that the floor is genuinely incapable of beneficial occupation, there is a route to take it out of the list for the duration, which rests on evidence and timing. Raise it before the works start. Business rates mitigation →
- How did the 2026 revaluation affect the borough overall?
- Total rateable value rose 16.9% between the 2023 and 2026 lists, below the 19.6% England figure, but the sector split is unusual: industrial +35.6%, retail +8.2%, offices +9.8%. Those are borough averages, so a property whose rise is well above its sector figure is worth a review. The 2026 revaluation across Surrey →
Guides for ratepayers
- The 2026 rating list: what your new rateable value means
- Your rateable value: what to look for
- The five business rates multipliers, explained
- Empty property rates: what you pay, and when
- Check, Challenge, Appeal: how business rates appeals actually work
- No win, no fee business rates: what you actually get
- Material change of circumstances: when roadworks or a development next door can cut your rates
- How to choose a business rates adviser in Surrey: the questions to ask
You may also need
Business Rates Advice, Surrey
The full rating service - Check, Challenge and Appeal across Surrey and the South East.
Business Rates, Epsom
Town centre retail, the Ashley Centre, Longmead and Nonsuch industrial.
Business Rates Mitigation
Empty rates, reliefs, and removal from the rating list during refurbishment.
Send us your rates bill and we will tell you if there is a case.
The rates bill or just the property address is enough. The initial review is free, usually comes back within five working days, and gives you a written view on whether there is a case before anything is agreed.